8There could be some speculation that the size of the city is not really important to its global influence. For some two centuries, Istanbul has been in relative decline as world political changes have not been conducive to cosmopolitan centres in traditional empires. This ranks it as one of the mega-cities such as Tokyo, New York and Mexico City. It is also where one will find artists and most of the expatriate community. 9Technology is transforming the role of cities. is an urban city that enjoys significant competitive advantages and that serves as a hub within a globalized economic system. Prepare the adjusting entry to record the unrealized gain or loss on available-for-sale investments on December 31, 2014. b. a type of money set by government decree. 33, 2002, pp.335-350. 9 R. Florida, The Rise of the Creative Class, Basic Books, 2002. People read it not just across America, but also all over the world. a. Keynesian economics, demand-side fiscal policy Purchasing power of citizens The UNESCO Global Network of Learning Cities is an international network consisting of cities that successfully promote lifelong learning across their communities. Under these conditions, what is the financial advantage (disadvantage) for the company as a whole (on a per unit basis) if the Quark Division rejects the $340 price? Which of the following best explains the characteristics of Global cities of the recent times (21st century)? However, it is becoming increasingly relevant in todays fast-changing world, where social, economic and political norms are constantly being redefined. WebGlobal Learning in London. Washington D.C. is the seat of American state power. In imagination and in fact, Paris is a quintessential global city. In the past 20 years, Tokyo has also contributed to this global culture by being a center of technology. Abstract. You have been asked by an Investor to compute for the Economic Value Added of the companies he is considering to invest into as follows: E Corp. V Corp. A Corp. Net Investment, RMC Corp has operating income (EBIT) of P3,500,000. Shanghai has world's busiest container port The associated standard deviations are$10,000, $12,000, and$9,000. Who are the "new and powerful" actors in the Global Cities today? fosters a culture of learning throughout life. Istanbul aspires to be a global city, but it not quite there yet. 1. However, one could not say that it had entered among the leading global cities network or was influential in world culture. Oil and gas extraction. LEARNING OUTCOMES. These are based on several criteria. In addition to this, members are required to submit a Progress Report on their learning city project every two years to the UNESCO GNLC Coordination Team. Pan-African Forum for the Culture of Peace. As previously mentioned, during most of the 20th Century these areas were cut-off from Turkey due to the Cold War. Osans objective is to serve as a place where citizens and learning are united. A learning city promotes lifelong learning for all. No wonder Istanbul has found it difficult to maintain its historic role as the bridge between East and West. is considered Asia`s most competitive city because of its strong market, efficient and incorruptible government, and livability. Part of the Screen Division's output is sold to outside manufacturers of HDTVs and part is sold to Stavos Company's Quark Division, which produces an HDTV under its own name. The networks mission is to support and accelerate the practice of lifelong learning in the worlds communities by promoting policy dialogue and peer learning among member cities, forging links, fostering partnerships, building capacities and developing instruments to encourage and recognize progress in building learning cities. It has a rich fabric for those involved in the creative arts. The elements are there. Communication has taken on much broader meaning and greater significance for organizations of late, both inward and outward facing. 11 A. Scott, The cultural economy of cities, International Journal of Urban and Regional Research vol. 26One of the elements of that make a creative center is a lively artistic area. is Australia`s political capital and home of the country`s top politicians, bureaucrats, and policy advisors. Potential for growth Yet, the future of Istanbul hinges on its ability to integrate and plug-in to the global cultural network not just as a participant, but as an influence. Think about how many, songs have been written about New York (Jay Z, and Alicia Keys's Empire State of Mind," Frank, Sinatra's "New York, New York," and numerous, songs by Simon and Garfunkel) and how these, references conjure up images of a place where, anything is possiblea concrete jungle where. There are signs that Istanbul is capitalizing on this new geography as there are developing connections to the Balkans, Central Asia, Russia and the Ukraine. Cultural products he contends can be not only writing, art, music, theater, but can be extended to other industries such as furniture, automobiles, multi-media, computer graphics, book publishing, music recording etc. For example, Prague which languished during the Communist Era is one of the most exciting places in Europe. The communication network is placing almost all places within the global communications network. Istanbul was no longer a cultural or economic center in the world. A consultant is beginning work on three projects. In 2015, the network began accepting members; since then, it has evolved into a driving force for the promotion of lifelong learning as a means of achieving the UN Sustainable Development Goals at the local level. In 2015, the Australian government reported that it. benefit from learning opportunities across the lifespan. This area is not the equivalent of creative areas of the past such as Montmartre and Rive Gauche in Paris, SoHo in New York, but shows potential to develop into one. Those outside of the select cities are primarily receivers of culture and only peripherally contributing to the evolution of global culture. It emanates from one place or another. The centrality of Istanbul is the primary reasons that the Roman, Byzantine and Ottoman Empire chose this site as of their capital. This is also connected to the capital influence of a global cultural center in the global market. The European Central Bank, which oversees the Euro, is based in Frankfurt. Its Byzantine walls and churches, Ottoman mosques and palaces, and modern skyscrapers bear witness to its importance since 330 AD, when Constantine the Great chose it as the capital of the Roman empire. 2. ATTRIBUTES OF GLOBAL CITY ECONOMIC POWER ECONOMIC OPPURTUNITIES ECONOMIC COMPETITIVENESS CENTER OF AUTHORITY POLITICAL INFLUENCE CENTER OF HIGHER LEARNING AND CULTURE 3. ECONOMIC POWER Determines which cities are global 4. ECONOMIC OPPORTUNITIES Make it attractive to talents across the world By placing lifelong learning at the centre of its development, Huejotzingo has transformed itself from an agricultural community to the industrial heart of the Mexican state of Puebla. has paved the way for massive inequality. is the home of the most powerful internet companies - Facebook, Twitter, and Google. They foster, an environment that promotes leadership development, a sense of community, cultural, A citys intellectual influence is seen through the influence of its publishing. WebGlobal City Lab. During the 1980s, Turkeys economy started to open itself to foreign investment. Course Hero is not sponsored or endorsed by any college or university. Singapore is slowly becoming a cultural hub. Smith and P.J. 16 R. Florida, The Rise of the Creative Class, Basic Books, 2002. 35Of course, the above suggested strategies are not complete. As an Analyst, you were tasked to compute for the Weighted Average Cost of Capital of various companies given the following information. Explain the relationship between the terms in each of these pairs. WebGLOBAL CITY. He received a Ph.D. in Geography from the University of Wisconsin-Milwaukee (USA) in 1995, a Masters in Geography from the University of North Carolina at Charlottte (USA) in 1992 and a B.S. With the increasing rate of communication, cultures are being rapidly mixed on a global scale. While national governments are largely responsible for creating strategies for building learning societies, lasting change requires commitment at the local level. As per the predictions of the company's earnings, the same cash flow, Show solutions. The overseas source wants to pay only $340 per unit. 4In the past, cultures may have been contained within regions or national borders. Scott states that there is a convergence of world cities and those that influence the developing global culture. These companies usually have marketing firms based in New York and Chicago. The company's depreciation expense is P800,000 and it has no amortization expense. It has a world status symphony and opera. Based on a capacity of 3,000 units per year. Some of the key elements that make a city a cultural transmitter are: (1) significant amount of population involved in the cultural economy, (2) an established and well-connected international market for the cultural goods produced; (3) a place where different cultures and ideas vibrantly mix; (4) an urban environment which is encourages interaction; and (5) significant infrastructure (i.e., high speed Internet connections) and highly skilled labor force that would facilitate the creation of cultural goods. In her seminal work on the topic, Saskia Sassen (1991) identified only three global cities: 1. There is more tolerance for expression brought about by the reform of Turkish law in conformance with that of the European Union. UNESCO defines a learning city as a city that: In doing so, the city enhances individual empowerment and social inclusion, economic development and cultural prosperity, and sustainable development. 34Are there some actions that could transform Istanbul into a global cultural center? There are a growing number of persons in the cultural economy in Istanbul. 10A cultural urban center is somewhat based on the number of people, but is also based on the composition of the city. WebThe center has been collaborating with the International Institute of Education Planning (IIEP) and other organizations for this purpose. To measure the economic competitiveness of a City, the Economic Intelligence Unit has added other criteria like: Market size The population declined due to the diminished status of the city.15 The Ottomans rebuilt the city and transformed it into their capital adorning it with mosques, palaces and other public buildings. 25The cultural economy of Istanbul is very robust with a well developed and sophisticated media industry (publishing, television, movies, music etc.). Artists, musicians, architects, philosophers, scientists and writers have gravitated toward certain cities due to numerous forces such as patrons, community of artists, universities, clients, and a skilled workforce. This geographic position has been the reason that several world empires have placed their capital in this location. The Kivetsky family had an adjusted gross income of $119,245.61. This is due to a number of factors such as its location, architectural heritage, rich history and a vibrant intellectual and artistic community. 10 R. Florida, Cities and the Creative Class, http://www.creativeclass.org/acrobat/florida.pdf, visited 10 September 2006. \text{Variable cost per screen} && \$\ \hspace{5pt}\text{70} \\ One of th \text{Selling price per unit}&&&& \$480 \\ The strategies set out in the key documents, the Beijing Declaration on Building Learning Cities and theKey Features of Learning Cities, must be reflected in the membership application and adopted by the mayor of the city, who needs to endorse the membership application. in the 1980s was a dreary industrial city. 1 J. Jones, The Global City Misconceived: The Myth of Global Management in Transnational Service Firms, Geoforum, vol. 2 Daisy & Myrtle - Courtney Thompson.docx, NOTE The expected value inside each cell needs to be at least five in order for, Winston M MGT210 What If Essay Lesson 7.docx, strategies for resolving the issues and justification of those strategies o any, What modified base is seen in Figure 4 55 0140 a 3 methyluridine 281 0715 b 3, Individual Personality Dimensions Assignment_301208028.docx, Show solutions. She identified three global cities_______________all of which are hubs of global finance and capitalism. It is also very much connected to the global community. 31The catalysts that make a city a cultural center are somewhat elusive and complex. As cultural, technical, and social concepts collided on the urban stage of meeting houses and marketplaces, cities gave birth to writing, the evolution of art, abstract concepts, and mathematics, thus giving the city a predominant role in the development of world culture. However, it is not in the rank of cities that are international centers of culture. In this paper, we will first explore the somewhat murky world of globalization and culture and then examine Istanbuls present and future place within the network of global cultural centers. 18. Lifelong learning is key to overcoming global challenges and to achieving the Sustainable Development Goals. World fashion is influenced by Los Angeles, New York, Paris and Milan. With risk-free rate of 5%, Beta of 1.5, market return of 8%, prevailing credit spread of 3%, tax rate of 30% and Equity ratio of 30%, compute for the weighted average cost of, Corporate Valuators, Inc. is assessing the value of two companies, Capital Corp. and Earn, Inc. Capital Corp. projects the following net cash flows in the next five years, with its desired required, INCOME BASED VALUATION 1. The foremost promoter of the development of the creative class is Richard Florida as presented in his book, The Rise of the Creative Class.9 It is contended that certain cities are more centers of creativity than others. WebThe Index seeks to quantify the global connectedness of a city and assess the competitiveness of 156 cities across these five dimensions by considering factors such as the citys market dynamics, education levels, information access, culture and entertainment options, and presence of international civic organizations. C. Computer programming. New York have the largest stock market in the world effectively mobilizes its resources in every sector to promote inclusive learning from basic to higher education; revitalizes learning in families and communities; facilitates learning for and in the workplace; extends the use of modern learning technologies; enhances quality and excellence in learning; and. In a large majority of cases, this intellectual capital is being drawn to the creative centers of North America and Europe. As with other cities that form the cultural nodes in the global cultural network, it has the basic building blocks. HBB Company for the last ten years, has earned and had cash flows of about Php 500,000 every year. Michael McAdams, Global Cities as Centers of Cultural Influence: A Focus on Istanbul, Turkey,Transtext(e)s Transcultures , 3|2007, 151-165. The fading of its culture and the replacement of culture by that from the West has been occurring since the early 1800s. 15Do these global cultural centers just happen? Timbuktu is in the West African nation of Mali on the southern edge of the Sahara. Global cities are also centers of authority 3. commands the greatest proportion of capital. WebIn its first participation in Program for International Student Assessment in 2012, Vietnam scored higher than the Organization for Economic Co-operation and Development (OECD) average and outperformed many developed economies, including the US.Vanessa Shadoian-Gersing, a former OECD analyst who writes and consults on global Table 1: 2003 World Urban Population Rankings. If this is reflected in cultural reproduction then we can expect to see changes in peoples sense of identity. 20The watershed for Istanbul was the First World War. In doing so, the city enhances individual empowerment and social inclusion, economic development and cultural prosperity, and sustainable development. \quad \text{Variable cost of electric parts}&& \underline{\hspace{5pt} \text{210}} \\ Often as in the case of Manchester (UK), these have developed somewhat consciously, but often chaotically. is a phenomenon most readily associated with the global city: large and diverse cities attract people; material and cultural products from all over the world. Connectivity to the global network by means of formal and informal means is at the core of cities that are cultural transmitters. d. any asset used as the unit of account . which oversees the Euro, is based in Frankfurt. 2 S. Yardimci, Interlockng Flows: Globalisation, Urbanism, and Culture in Contemporary Istanbul, presented at Critical Management Conference, 2001, Manchester School of Management UK, http://www.mngt.waikato.ac.nz/ejrot/cmsconference/2001/Papers/Creativity/Yardimci.pdf, visited 10 September 2006. However, in the first part of the 20th Century, Istanbul lost its status as a major cultural center due to dissolution of the Ottoman Empire and the transferal of the capital of the Turkish Republic to Ankara. The IRS allows medical and dental expenses deductions for the amount that exceeds 10% of a taxpayer's adjusted gross income. 945C8BFD-E38B-45C2-BE31-57FF2292F46F.jpeg, University of Mindanao - Main Campus (Matina, Davao City), Bukidnon State University Main Campus, Malaybalay City, Bukidnon, Sancta Maria, Mater et Regina, Seminarium, Roxas City, Capiz, 4 The DNA sequence below is transcribed completely to generate an mRNA The mRNA, 18082021_ExecutiveCoaching_PrakashHaldipurKunal.pdf, References httpsdocsmicrosoftcomen usazuremachine learningservicehow to enable, VAN DIJK T 2003b La multidisciplinaridad del anlisis crtico del discurso un, 8 Japan War dead figure of 415 is from a 1991 history of the Japanese Army, Scenario 3 Develop a position description for Max based on a case scenario, CCPC_Strategic-Plan-for-2013-2018_5Aug13.pdf, link between substance abuse and mental health.docx, Case Study Part IV Task 2 Lesson Learnt Documentation.docx, Copy of Ch.
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